FORT WORTH, Texas, Mar 13, 2007 (BUSINESS WIRE) -- AmeriCredit Corp. (NYSE:ACF) announced today the pricing of a $486
million offering of automobile receivables-backed securities through
lead manager Greenwich Capital Markets, Inc., and co-manager Citigroup
Global Markets Inc. This transaction represents Long Beach Acceptance
Corp.'s first securitization since its acquisition by AmeriCredit in
January 2007. Net proceeds from securitization transactions will be
used to provide long-term financing of receivables.

The securities will be issued via an owner trust, Long Beach
Acceptance Auto Receivables Trust 2007-A, in four classes of Notes:

Financial Security Assurance Inc. will provide bond insurance for
this transaction. Initial credit enhancement will total 3.75% of the
original receivable pool balance building to the total required
enhancement level of 8.0% of the then outstanding receivable pool
balance. The initial 3.75% enhancement will consist of 1.25%
overcollateralization and 2.50% of a Class C certificate.

This transaction represents AmeriCredit's 57th securitization of
automobile receivables in which a total of more than $47 billion of
automobile receivables-backed securities has been issued.

Copies of the prospectus relating to this offering of
receivables-backed securities may be obtained from the lead manager
and co-manager. This press release shall not constitute an offer to
sell or the solicitation of an offer to buy the securities described
in this press release, nor shall there be any sale of these securities
in any State in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the
securities laws of any such State.

About AmeriCredit

AmeriCredit Corp. is a leading independent automobile finance
company that provides financing solutions indirectly through auto
dealers and directly to consumers in the United States and Canada.
AmeriCredit has over one million customers and approximately $14
billion in managed auto receivables. The Company was founded in 1992
and is headquartered in Fort Worth, Texas. For more information, visit
www.americredit.com.